Ep. 1023: Get Inside Your Mind with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
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The Two Wheels of the Trading System
The markets are an expression of us. How you think about the markets is an expression of human ideas. What do you believe? What what are your emotions edsacota famously saying that, you know, the emotions you're not willing to experience are your trading system. The idea here is that language and thoughts are fundamentally metaphoric. So they talk, markets climb a wall of fear, and then markets fall. Use that example. Why do markets fall? Markets climb. But if they're just a number moving from one to another number, why would going down go down faster than going up? And the sort of twilight on answer to that is that the markets fall at the same rate the
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